Here’s 1 AI Penny Stock To Put On Your Radar
Penny stocks don’t really trade for 1 cent — it is just a term used to describe stocks that typically trade below $5 per share. There have been many big-name companies that were once penny stocks, like Intel, AMD, and Cisco Systems, to name a few.
But for every penny stock that makes it big, there are many more that fail. Investing in penny stocks is a speculative play, for the most part, because they are typically young, unprofitable companies that are prone to wild swings and volatility.
But it is worth keeping an eye on penny stocks, particularly those that exhibit some upside potential. Last year we called out Joby Aviation and SoundHound AI as top penny stocks, and both are up more than 200% over the past 12 months.
This post originally appeared at ValueWalk.
Category: Penny Stocks to Watch
